Agribusiness peers have no problem with Nutrien takeover
Canadian fertiliser giant Nutrien has received support from its biggest farm services rival as it moves to resolve issues raised by Australia’s competition regulator about its $469 million takeover bid for Ruralco.
Elders said it was extremely unlikely Nutrien, already the biggest player in the Australian farm services sector through its Landmark ownership, would abuse its market power if allowed to gobble up the third biggest player, Ruralco.
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